Collection team lead vs bill collector

The differences between collection team leads and bill collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collection team lead and a bill collector. Additionally, a collection team lead has an average salary of $68,868, which is higher than the $35,585 average annual salary of a bill collector.

The top three skills for a collection team lead include customer service, credit card and delinquent accounts. The most important skills for a bill collector are patients, customer service, and medicaid.

Collection team lead vs bill collector overview

	Collection Team Lead	Bill Collector
Yearly salary	$68,868	$35,585
Hourly rate	$33.11	$17.11
Growth rate	-8%	-8%
Number of jobs	29,386	23,746
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 45%	High School Diploma, 27%
Average age	46	46
Years of experience	12	12

Collection team lead vs bill collector salary

Collection team leads and bill collectors have different pay scales, as shown below.

	Collection Team Lead	Bill Collector
Average salary	$68,868	$35,585
Salary range	Between $48,000 And $98,000	Between $30,000 And $40,000
Highest paying City	-	Pittsfield, MA
Highest paying state	-	Virginia
Best paying company	-	Retina Group Of Washington
Best paying industry	-	Finance

Differences between collection team lead and bill collector education

There are a few differences between a collection team lead and a bill collector in terms of educational background:

	Collection Team Lead	Bill Collector
Most common degree	Bachelor's Degree, 45%	High School Diploma, 27%
Most common major	Business	Business
Most common college	-	-

Collection team lead vs bill collector demographics

Here are the differences between collection team leads' and bill collectors' demographics:

	Collection Team Lead	Bill Collector
Average age	46	46
Gender ratio	Male, 42.9% Female, 57.1%	Male, 20.0% Female, 80.0%
Race ratio	Black or African American, 13.0% Unknown, 4.0% Hispanic or Latino, 18.9% Asian, 3.6% White, 59.9% American Indian and Alaska Native, 0.5%	Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between collection team lead and bill collector duties and responsibilities

Collection team lead example responsibilities.

Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Receive and distribute ACH forms receive form all lots.
Assist consumers in money and behavior managements and ensures HIPAA compliance
Collect monies from Medicaid, Medicare, VA and various other third party payers.
Perform insurance follow up on account receivables of Medicare, Medicaid and private health insurance claims to expedite claim reimbursement.
Negotiate payments resolutions for delinquent customers to become current while using professionalism, and adhering to all applicable FDCPA collection laws.

Bill collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Follow HIPPA and FDCPA guidelines to ensure legal collection practices are utilized.
Bill and collect all skil Medicare, and other insurance claims which include HMO claims denials.
Provide patients with information and resources essential to their financial needs including payment arrangements and account reminders.
Take payments by ACH and debit cards.
Collect A/R payments from medical insurance companies and customers.

Collection team lead vs bill collector skills

Common collection team lead skills

Customer Service, 14%
Credit Card, 7%
Delinquent Accounts, 6%
Payment Arrangements, 6%
FDCPA, 4%
Debt Repayment, 4%

Common bill collector skills

Patients, 19%
Customer Service, 7%
Medicaid, 6%
Medical Billing, 4%
Patient Accounts, 4%
Appeals, 4%